3-bedroom bungalow · EX17 1EW
For saleListed 99 days
Opportunity summary
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About
This unique home offers versatile accommodation including three double bedrooms, living room, dining room, study, modern kitchen and bathroom, shower room, utility and fantastic conservatory plus an enclosed porch.
Outside there is a garage, enclosed rear gardens with separate office/garden room and large patio, plus further 16'6'' x 13'10'' garage/store.
Location Crediton town lies some seven miles from Exeter and provides both frequent bus and regular train services to the City.
Within the town one would find a variety of individual shops, along with Morrisons, Lidl and Tesco Supermarkets together with a library, two primary schools, Queen Elizabeths Sixth Form Community College, a doctors surgery and Leisure Centre with a swimming pool.
Description The entrance porch opens to the main hallway giving access to the ground floor rooms.
The sitting room enjoys an elevated outlook to the front while the modern kitchen is fitted with a comprehensive range of wall and base units with a built in oven, hob and extractor fan plus a door to the side.
The dining room is a good size and benefits from double opening doors to the conservatory which overlooks the rear garden.
From the hallway a door leads to the bathroom and study area with stairs to the first floor and a shower room off.
The first floor consists of three double bedrooms, all with built in wardrobes and storage, as well as a second shower room.
Outside there is a block driveway and parking leading to the garage with a further large timber garage/store to the front.
The rear gardens give access to the utility room and offer a large patio/entertaining area to one side with an enclosed lawn and flower beds plus the detached office/hobby room.
Material Information What3Words: ///occur.chucked.monk Mains electricity, water and drainage Gas central heating and hot water Mid Devon District Council - Band C Freehold Parking: Private drive and garage
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 16, Creedy Road, Devon
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